Then a ‘Three Line Strike – Bearish’ candlestick pattern is discovered. The chart shows ‘Three Line Strike – Bearish’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 0.89957 |
Next Low | 0.89172 |
2nd Low | 0.89171 |
3rd Low | 0.89144 |
Trading Signals: FOREX – USD – USD/CHF – CHF – Three Line Strike – Bearish